Loren Hyundai, Inc.

$385,819 PPP Loan in Glenview, Illinois

Loan Details

Loan Number
4957347105
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$385,819
Current Approval
$385,819
Forgiveness Amount
$390,965
Forgiveness Date
Aug 17, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Loren Hyundai, Inc.
Address
1620 Waukegan Rd
ZIP Code
60025-2108
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Hyundai Motor America - Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
38
Estimated Revenue
$9.6M
Rural/Urban
Urban
Congressional District
IL-09

Loan Use Breakdown

Payroll
$325,000
Rent
$50,000
Utilities
$10,819

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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